The Tooth Fairy Now Pays an All-Time High Per Tooth

The Tooth Fairy must be doing something important with all those teeth. From a business standpoint, I don't see how she's making a profit anymore.

Getty Images

According to an annual poll that just came out, the Tooth Fairy paid an average of $4.66 per tooth last year, which is an all-time high. That's up 19% from 2015, when it was $3.91 per tooth and the price for a first tooth hit $5.72.

If you do the math, that means she paid out just over $290 million for teeth last year.

Kids in the western part of the U.S. got the biggest payouts last year at $5.96 per tooth. Kids in the Northeast got $5.08, kids in the South got $4.57, and kids in the Midwest averaged $4.04 per tooth.

48% of parents said they make their kids save their Tooth Fairy money, another 48% let them spend it, and 3% said it gets donated to charity.